Quarterly Journal of Austrian Economics
Author:
Mihai Vladimir Topan
Cristian Paun
Online Publish Date:
Volume 16, No. 3 (Fall 2013) The present paper aims at showing that two particular types of arguments in favor of the pure time preference theory of interest ( PTPTI ) are mistaken. First, the idea that the logical opposite of time reference consists in the proposition that, other things equal, one must always prefer the future (and that therefore
